What we do Ladam Affordable Housing Ltd develops affordable housing projects focusing on constructing over 5,000 homes using its existing land in India’s real estate sector. |
Founded in 1,979 |
Market share A niche player in affordable housing with a focus on mass housing projects under government schemes. |
Problem solved Provides affordable housing solutions addressing housing shortage and affordability for lower and middle-income groups. |
Top clients or who we serve Primarily serves retail home buyers within affordable housing market; B2C focused. |
Key management Mr. Sumesh Aggarwal (Executive Director and CEO), Mr. Ashwin Kumar Sharma (Non-Executive Director). |
Our journey and innovations Founded in 1979 as Ladam Finance Ltd; renamed in 2016 focusing on mass affordable housing construction. |
Where we operate Mainly operates in Maharashtra with plans to expand affordable housing footprints. |
Top products or what we offer Affordable residential housing units targeting economically weaker sections and low-income groups. |
Top brands Not applicable; projects marketed under company name reflecting affordable housing focus. |
Raw materials needed Construction materials including cement, steel, bricks, and labor resources. |
Raw materials supplier Local suppliers and contractors in the construction industry. |
Recurring vs cyclical contribution Revenue is cyclical, dependent on project completion and sales milestones. |
Our industry position Emerging player in affordable housing sector with focus on mass housing projects. |
Financial highlights FY2023-24 consolidated revenue approx. Rs. 1.04 crore; net loss approx. Rs. 0.93 crore; modest scale operations. |
Geographical revenue split - |
Order book - |
Whats driving growth Demand for affordable homes, government housing schemes, and company’s land monetization plans. |
Our future plans Construct 5,000+ affordable homes leveraging existing land assets to scale operations and sales. |
Our green promise - |
Our people and values Small workforce with 5 permanent employees; commitment to safety and regulatory compliance. |
Key challenges ahead Profitability challenges, regulatory compliance, and market competition in affordable housing. |
Interesting facts Company adapted from finance to real estate with a renewed focus on affordable housing since 2016. |
Risks and strategy Market volatility and regulatory risks mitigated by prudent working capital management and risk policies. |
